Launch of updated BCCM Sector blueprint

We’re pleased to announce the launch of the updated Business Council for Co-operatives and Mutuals [BCCM] Sector blueprint.  Conceived and produced by Mutuo, BCCM’s updated strategy document reflects the success of its advocacy over its short history as well as the new priorities of the Australian co-operative and mutual sector.

To view the document, please email mark@mutuo.coop

BCCM-Mutuo Advocacy App

We’re proud to announce the launch of the new Business Council for Co-operatives and Mutuals [BCCM] Advocacy App. The App is the first of its kind and represents a deep collaboration between the BCCM and Mutuo.

For the first time, a national peak body for co-operatives and mutuals has taken the step to communicatewith its members in a new and innovative way.

The App, which is available only to BCCM members, provides a quality new service to the membership. The App’s simple format allows members to access key talking points, news and briefing from across the entire co-operative and mutual sector in Australia.

For example, if called on to speak about the benefits of mutuality in your sector the App can provide key talking points and statistics at the touch of a button.

We think this a great way for the co-op and mutual sector to get its message out and we’d love to help you develop a similar App in your country.

Talk to us today about how we can help produce an App for you.

Mutuo project delivers draft legislation for Australian mutuals

On Monday the Australian Government released a second draft Bill to create a new capital instrument for co-operatives and mutuals.

The new legislation when fully enacted will allow co-operatives and mutuals to raise capital and compete on a level playing field with investor-owned firms. The first of the two Bills will be introduced into Parliament in the first week of December, and the second in February 2019.

Peter Hunt, Mutuo’s Managing Partner said, ‘This is the culmination of three years work with the Business Council of Co-operatives and Mutuals (BCCM), building on a carefully designed and executed political strategy.’

Success in this project will mark the seventh time that Mutuo has brought about the enactment of new legislation to improve the business environment for co-operatives and mutuals, in different jurisdictions.

BCCM Chief Executive, Melina Morrison said, ‘Today we are delighted to see the final tranche of draft legislation that will help to deliver on the Government’s promise to our sector. The bipartisan nature of this process has been very encouraging.

This will enable co-operatives and mutuals to grow and better serve Australians, whilst protecting their co-operative or mutual ownership structures.”

The consultation can be viewed here:

Treasury Laws Amendment (Mutual Entities) Bill 2018: 

Australian government publishes draft legislation for mutuals

  • Mutuo partnership with BCCM delivers first ever Federal legislation for mutually owned businesses
  • Draft Bill opens for consultation ahead of introduction in Parliament in November
  • Treasury announces a second Bill will follow to introduce new capital raising instruments

Following three years’ work with the Business Council for Co-operatives and Mutuals (BCCM), Mutuo has today welcomed the publication of draft legislation that begins the process of modernising the Federal law for mutual businesses in Australia.

The legislation forms the first part of a two-phased approach to improve the business environment for mutually owned firms and improve their ability to compete on level terms with investor-owned corporations.

The draft legislation provides a definition of a mutual entity to recognise the sector in the Corporations Act and to determine which companies will be able to raise capital through the issuance of mutual capital instruments.

It also addresses the uncertainty in Part 5 Schedule 4 of the Corporations Act to enable mutually-owned credit unions and banks to raise capital by providing that the enhanced demutualisation disclosure requirements are only applicable where an entity no longer meets the definition of a mutual entity.

Mutuo Managing Partner Peter Hunt said,

‘This is a big day for Australian co-operatives and mutuals. It is the result of Mutuo’s careful strategy to influence government, which has been deployed with a leading group of 13 Australian mutual businesses through BCCM.

BCCM was only created in 2013.  In five short years, under the inspiring leadership of Melina Morrison, it has successfully brought together mutually owned businesses from across Australia to take their rightful place on the Australian business stage.

It has made the case for an improved business environment, first gaining political support in the Australian Senate, and now resulting in landmark legislation from the Federal Government.  All the time, this has been achieved with the enthusiastic support of politicians from across the political spectrum.  It is a case study in influence for the global co-operative sector.’

More homes; more voice – Member-based social housing

Cliff MillsIn his latest Mutuo think piece, Cliff Mills talks about the policy opportunity for mutual social housing.

There are two clear challenges for social housing today which are making it one of the top political priorities.

The first is the need to build more homes: homes that people can afford, and are of the quality that people want to live in.  The second is to give tenants a voice in how housing is provided, which includes the ability to have influence over things that impact on neighbourhoods and communities, and being able to use this voice as a mechanism for ensuring that social housing providers are accountable to communities.

Housing is more than one issue.  It cannot be separated from jobs, health and well-being, elderly care, fuel poverty, environmental issues, community safety, education and training, and much else besides.  Homes are part of neighbourhoods and have to be understood in their context. The success of housing can only be measured in this bigger context, and in interaction with that context.

Policy-makers can and should do what they can, seeing things from their strategic vantage point. But since 2000 there have been some radical developments from within the social housing movement itself which it is time to take note of, because they could make a significant contribution in meeting today’s challenges.

These developments involve a democratic member-based approach, giving individuals a voice in their organisation, sharing power beyond the board and senior executives, and at the same time making governance more robust. 

There are now eleven democratic member-based housing providers in England and Wales, which together provide over 85,000 homes. A recently released corporate strategy by one of these organisations (discussed further below) outlines how it will be delivering services and what its ambitions are over the next ten years. This document provides evidence of the relevance of this approach in meeting today’s pressing challenges.

Read more:More Homes More Voice

Mutuo working with Consumer Co-operatives Worldwide to develop business sector policy guide

Mutuo is developing a business sector policy Guide for Consumer Co-operatives Worldwide.  This will be an opportunity to address regulatory, legislative and policy barriers to the development and growth of consumer co-operatives around the world. 

Its principal use will be to develop coherent policy positions that can be used at a global, regional and national level. 

Detailed survey work of CCW members will begin shorty and we look forward to engaging with members to identify the priorities of the consumer co-operative sector.

The document builds on Mutuo’s previous policy work in producing the International Co-operative Alliance Global Manifesto in 2017.

The business sector policy guide will be published in summer 2018.

Consumer Co-operatives Worldwide (CCW) unites, represents, and defends the interests of 26 national organizations of consumer co-operatives around the globe, which represent 75 million individual members, and which register a combined total annual turnover of more than 500 billion EUR.

International Co-operative Alliance publishes Mutuo’s global guide for promotion of co-ops

ICA Global Policy Guide

Co-produced with Mutuo, the Global Policy and Advocacy Guide was designed for the International Co-operative Alliance and its members to help strengthen their advocacy efforts.

The policy guide draws together case studies of good practice from various regions and suggests methodology and communications protocols that can help to grow a consistent global approach to promoting co-operatives.

“It is important that we seek to make the case for co-operatives in an easily understood and consistent way”

Mutuo worked with the International Co-operative Alliance and its members over a nine month period to identify the movement’s policy priorities and the challenges it faced in working with national governments. The consultation process ensured that the strongest practice could be shared globally, to help co-operatives communicate their value to policy makers, legislators and regulators.

The Global Policy and Advocacy Guide is available on request via mark@mutuo.coop

Australian Government announces plans to modernise laws for co-operatives and mutuals

  • Mutual enterprise to be defined in reforms to Australian corporations law
  • New options to invest in co-operatives and mutuals
  • Allows Australians to take a stake in mutual businesses
  • Major success for Mutuo advocacy strategy with BCCM

The Australian Federal Treasurer, Hon. Scott Morrison MP, has today announced that the Australian Government will legislate to create a better business environment for co-operatives and mutuals.  The announcement means that co-operatives will have the potential to access new and additional capital for long term business investment that benefits all Australians.

Today’s news is the result of two years painstaking work from Mutuo in collaboration with the Australian Business Council for Co-operatives and Mutuals (BCCM) and fifteen great Australian Mutuals. The decision comes on the back of the Federal Senate Inquiry into Co-operatives and Mutuals in 2016 and accepts in full the recommendations of the Hammond Review to reform the business environment for the sector, which has been published today.

Mutuo’s Peter Hunt said, “This is a huge day for co-operatives and mutuals across Australia. Throughout this project we have sought to champion a better business environment for the sector and today’s announcement is a recognition of the critical impact of our sector on the wider Australian economy.

The creation of new capital instruments has the potential to build a strong new asset class to shake up the investment environment and allow co-operatives and mutuals issuing them to invest, innovate, grow and compete.”

The proposed new capital instruments are similar to those that have been developed for Building Societies and Mutual Insurers in the UK and form part of a global Mutuo campaign to give co-operative and mutual business more financing options and greater opportunity to compete.

Mutuo developing policy guide for the International Co-operative Alliance

Mutuo is currently developing a Global Policy Guide for the International Co-operative Alliance.  This will be a toolkit that can be used by the ICA and its members in their advocacy work on behalf of co-operative businesses worldwide.

The Policy Guide will provide a keen communications narrative and crisp policy recommendations that can be taken forward at a Global, regional and national level by ICA members, regions and sectors.

Detailed survey work of ICA members has already been carried out and presented to the ICA board in Bulgaria last month; these findings will inform the document’s final recommendations. We were delighted to receive 110 responses from across all regions from 47 different nation states.

The document builds on Mutuo’s previous policy work in producing the ICMIF Global Manifesto and the Business Council for Co-operatives and Mutuals Policy Blueprint for an Enterprising Nation in Australia.

The document will be completed and presented in draft at the ICA’s Global Conference in Kuala Lumpur in November 2017.